AstroNova Inc. has released its financial results for the first quarter of fiscal 2026. The company reported expectations for net revenue to be in the range of $160 million to $165 million for fiscal 2026, marking a 7% increase over fiscal 2025 at the mid-point of the range. The Adjusted EBITDA margin is anticipated to be between 8.5% and 9.5%, reflecting an 80-basis point expansion over the previous year at the mid-point. AstroNova's expected effective tax rate for fiscal 2026 is approximately 25%, with depreciation and amortization projected to be around $5 million. The company is set to benefit significantly from an estimated $4 million reduction in royalty payments expected in fiscal 2028. These financial projections are indicative of AstroNova's strategic efforts and operational improvements, aimed at enhancing core operating performance and efficiency.
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